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Miller New Chief of Staff, DDHQ: CA Rejects Billionaires Tax, More

Nov 7, 2026 · 6m

Summary

Bloomberg News Now covers President Trump’s White House staff shakeup, appointing Stephen Miller as chief of staff following a Democratic midterm sweep. The episode reports on California voters rejecting a billionaire tax and Colorado passing a new graduated income tax. Additionally, it details OpenAI’s $11 billion funding round, Vice President Vance’s indirect Iran talks, and a turbulent week for U.S. stock markets.

Topics discussed

Sponsor: ChachiPT business expansion planning Trump taps Stephen Miller as White House Chief of Staff California voters reject billionaire tax Proposition 40 Vance involved in indirect talks with Iran on nuclear deal OpenAI closes $11B funding round at $1.25T valuation Stock market recap: S&P 500 drops for fourth straight week Job creation exceeds expectations; CEA Chair comments Microsoft winds down AI computing rental deal with Oracle Congressman Liccardo on need for AI regulation and data centers Colorado voters approve graduated income tax structure Friday market closing numbers and commodity prices Sponsor: IBM hybrid cloud and AI data solutions Sponsor: Empower personal financial dashboard Sponsor: Underdog Fantasy sports betting
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